Expanding the Regulatory Perimeter
Episode description
In this episode risky woman Rachel Wolcott shares insights from Thomson Reuters Regulatory Intelligence team with the inaugural report Financial Crime Compliance for Non-financial Companies: The Expanding Regulatory Perimeter. The report explores why penalties for money laundering violations are becoming more commonplace for non-financial firms and suggests solutions and recommendations for business as they try to remain compliant. As usual, we’ll also hear from Rachel on her career journey and her quick answers in the rapid fire round too!
Points of Interest
01:45 Career
07:25 Why more non-financial firms are coming into having obligations to have financial crime compliance programs
10:27 Main compliance approach to-date
11:44 Greater risk sectors
13:08 Era of deep fakes
18:24 Solutions for tackling financial crime
21:20 Report key takeaways
25:37 Rapid Fire Round